Ethereum Hits a Wall: Institutional Demand Surges But ETH Can’t Break Resistance
Ethereum's rally slams into a stubborn resistance level—despite Wall Street's growing appetite for crypto's blue-chip asset.
Institutions are buying. So why isn't ETH moving?
Whales and hedge funds keep stacking ETH, but technical barriers loom large. The $3,800 zone has become crypto's version of Sisyphus' boulder—every push upward gets rolled back down.
The irony? Traditional finance wants in...
BlackRock's ETH ETF just crossed $15B AUM, while Goldman Sachs quietly onboarded another three Fortune 500 clients to its crypto custody platform last week. Yet here we are—watching ETH struggle like a DeFi degens trying to explain MEV to their accountant.
One cynical take? Maybe the 'smart money' isn't so smart after all—or maybe they're just accumulating before the real breakout. Either way, the market's sending mixed signals sharper than a Bitcoin maximalist at a Web3 conference.